MARA, a Bitcoin mining company, lent 7,377 BTC to third parties in 2024, as reported in a January 3 announcement. Currently, MARA's Bitcoin holdings are valued at $4.2 billion, assuming a price of $93,354 per BTC. According to Robert Samuels, vice president of investor relations, the lending program, which focuses on short-term arrangements with established parties, generates modest single-digit yields and is aimed at offsetting operational costs. Despite the challenges of mining, due to energy demands and halving events, MARA's mining operations have expanded significantly, achieving a hashrate of 53.2 EH/s and acquiring 22,065 BTC at an average price of $87,205 each, alongside mining an additional 9,457 BTC. The company raised $1.9 billion through convertible note offerings in late 2024 to bolster its treasury. MARA has garnered attention from industry figures like MicroStrategy's Michael Saylor, who believes MARA could be a leading player in the Bitcoin sector.

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